NORMAL SITUATION

DEMOS

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Financial year 2024 · closed on 31/12/2024

Net result

-105,9 k €

-446.1% YoY

Revenue

97 k €

-30.9% YoY

Equity

390,5 k €

-21.3% YoY

Workforce

11,3 ETP

+9.7% YoY

Company — Normal situation.

What does DEMOS do?

DEMOS is a company registered in Belgium. It employs on average 11,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0463.519.844

Legal form

Non-profit organization

Latest accounts

31/12/2024

Average workforce

11,3 ETP

Joint committees (1)

32901

Signals

Solid equityGood liquidityHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Revenue	97 k €	-30.9%	140,5 k €	+30.5%	107,7 k €	+17.3%	91,8 k €	-26.1%	124,3 k €	-28.0%	172,6 k €	+154%	67,9 k €	+144%	27,8 k €	+7.9%	25,8 k €	+21.6%	21,2 k €	+31.0%	16,2 k €	+5.6%	15,3 k €	-17.3%	18,5 k €	-20.1%	23,2 k €		–		–
EBITDA	-111 k €	-416%	35,1 k €	-42.4%	60,9 k €	+1901%	3 k €	-95.8%	73,2 k €	+34.2%	54,5 k €	-43.2%	96 k €	-26.6%	130,8 k €	+353%	28,9 k €	+388%	-10 k €	-121%	48,1 k €	+5925%	-826,1 €	-109%	9,6 k €	+127%	-34,8 k €	-546%	7,8 k €	-89.6%	75,1 k €
Operating result	-111,7 k €	-462%	30,9 k €	-38.3%	50 k €	+352%	-19,9 k €	-137%	53,8 k €	+26.7%	42,5 k €	-55.4%	95,2 k €	-26.8%	130 k €	+372%	27,5 k €	+358%	-10,6 k €	-123%	45,5 k €	+1212%	-4,1 k €	-3221%	131,1 €	+100%	-46,4 k €	-598%	-6,7 k €	-111%	62,7 k €
Net result	-105,9 k €	-446%	30,6 k €	-38.4%	49,7 k €	+308%	-23,9 k €	-144%	53,8 k €	+27.4%	42,2 k €	-55.7%	95,2 k €	-26.8%	130,1 k €	+559%	19,8 k €	+253%	-12,9 k €	-123%	55,5 k €	+132%	23,9 k €	+288%	-12,7 k €	+73.4%	-47,9 k €	-342%	-10,8 k €	-110%	107 k €
Balance sheet
Equity	390,5 k €	-21.3%	496,4 k €	+6.6%	465,8 k €	+11.9%	416,1 k €	-5.4%	440,1 k €	+13.9%	386,3 k €	+12.3%	344,1 k €	+38.3%	248,9 k €	+110%	118,8 k €	+19.9%	99 k €	-11.5%	111,9 k €	+98.5%	56,4 k €	+73.7%	32,5 k €	-28.2%	45,2 k €	-51.5%	93,1 k €	-10.4%	104 k €
Total assets	554,7 k €	-23.2%	722,6 k €	-12.3%	824,3 k €	-1.0%	833 k €	-7.1%	896,5 k €	+30.3%	688,2 k €	+22.0%	564,2 k €	+1.5%	555,9 k €	+71.7%	323,8 k €	-24.8%	430,7 k €	-3.0%	443,8 k €	+75.2%	253,3 k €	+98.9%	127,4 k €	-46.9%	239,7 k €	+45.3%	165 k €	-25.5%	221,5 k €
Cash	311,3 k €	-43.8%	554,4 k €	-4.1%	578,4 k €	+14.2%	506,4 k €	-6.5%	541,7 k €	+108%	260,6 k €	-32.8%	387,6 k €	+4.3%	371,7 k €	+133%	159,6 k €	-49.5%	316 k €	+4.0%	303,8 k €	+91.3%	158,8 k €	+191%	54,5 k €	-62.2%	144,3 k €	+87.9%	76,8 k €	+1.7%	75,5 k €
Debts	130,5 k €	-36.8%	206,4 k €	-35.4%	319,3 k €	+23.4%	258,8 k €	+118%	118,9 k €	+9.7%	108,4 k €	+17.0%	92,7 k €	-48.3%	179,1 k €	+72.2%	104 k €	-67.6%	320,9 k €	+41.5%	226,7 k €	+203%	74,8 k €	+14.9%	65,1 k €	-31.4%	94,9 k €	+33.8%	70,9 k €	+10.6%	64,1 k €
Other
Workforce	11,3 ETP	+9.7%	10,3 ETP	+19.8%	8,6 ETP	-9.5%	9,5 ETP	-12.0%	10,8 ETP	-6.1%	11,5 ETP	+3.6%	11,1 ETP	+20.7%	9,2 ETP	-6.1%	9,8 ETP	-3.9%	10,2 ETP	+6.2%	9,6 ETP	+21.5%	7,9 ETP	-8.1%	8,6 ETP	0.0%	8,6 ETP	+6.2%	8,1 ETP	+14.1%	7,1 ETP

Governance

Board of directors

Seen on filing of 31/12/2024 · 7 active · 77 ended

Active mandates

Bart CARON

Director · since 01 janvier 2023 · until 01 janvier 2027

Active

Laura VAN RAEMDONCK

Director · since 01 janvier 2023

Active

Paul BELOY

Director · since 01 janvier 2023 · until 01 janvier 2027

Active

Reinhard Haudenhuyse

Director · since 15 mars 2021 · until 15 mars 2025

Active

Els VAN EFFELTERRE

Chairman of the board of directors · since 20 mars 2018 · until 24 mars 2026

Active

Licorice LEROY

Director · since 20 mars 2018 · until 24 mars 2026

Active

Kevin DE PELSMAKER

Mandate

Active

Ended mandates

Kevin DE PELSMAKER

Director · since 24 mars 2022 · until 27 mars 2023

Ended

Nooshin Khatami

Director · since 15 mars 2021 · until 05 décembre 2022

Ended

Nooshin Khatami

Director · since 15 mars 2021 · until 15 mars 2025

Ended

Riet Steel

Director · since 15 mars 2021 · until 24 mars 2022

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	21/10/2025	14/11/2024	28/12/2023	18/08/2023	05/11/2021	16/12/2020
General meeting	20/03/2025	22/03/2024	27/03/2023	24/03/2022	15/03/2021	18/05/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	20/03/2025	21/10/2025	Dutch	PDF
Abridged model	31/12/2023	22/03/2024	14/11/2024	Dutch	PDF
Abridged model	31/12/2022	27/03/2023	28/12/2023	Dutch	PDF
Abridged model	31/12/2021	24/03/2022	18/08/2023	Dutch	PDF
Abridged model	31/12/2020	15/03/2021	05/11/2021	Dutch	PDF
Abridged model	31/12/2019	18/05/2020	16/12/2020	Dutch	PDF
Abridged modelCorrection	31/12/2018	18/03/2019	09/09/2019	Dutch	PDF
Abridged model	31/12/2018	18/03/2019	07/06/2019	Dutch	PDF
Abridged model	31/12/2017	20/03/2018	11/03/2019	Dutch	PDF
Abridged modelCorrection	31/12/2016	27/03/2017	11/03/2019	Dutch	PDF
Abridged model	31/12/2016	27/03/2017	06/03/2018	Dutch	PDF
Abridged model	31/12/2015	23/02/2016	16/11/2016	Dutch	PDF
Abridged model	31/12/2014	11/02/2015	17/02/2016	Dutch	PDF
Abridged model	31/12/2013	20/02/2014	20/10/2014	Dutch	PDF
Abridged model	31/12/2012	20/02/2013	31/07/2013	Dutch	PDF
Abridged model	31/12/2011	01/03/2012	08/03/2012	Dutch	PDF
Abridged model	31/12/2010	25/03/2011	03/11/2011	Dutch	PDF
Abridged model	31/12/2009	18/03/2010	16/12/2010	Dutch	PDF

Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2024 · 7 active · 77 ended

Active mandates

Bart CARON

Director · since 01 janvier 2023 · until 01 janvier 2027

Active

Laura VAN RAEMDONCK

Director · since 01 janvier 2023

Active

Paul BELOY

Director · since 01 janvier 2023 · until 01 janvier 2027

Active

Reinhard Haudenhuyse

Director · since 15 mars 2021 · until 15 mars 2025

Active

Els VAN EFFELTERRE

Chairman of the board of directors · since 20 mars 2018 · until 24 mars 2026

Active

Licorice LEROY

Director · since 20 mars 2018 · until 24 mars 2026

Active

Kevin DE PELSMAKER

Mandate

Active

Ended mandates

Kevin DE PELSMAKER

Director · since 24 mars 2022 · until 27 mars 2023

Ended

Nooshin Khatami

Director · since 15 mars 2021 · until 05 décembre 2022

Ended

Nooshin Khatami

Director · since 15 mars 2021 · until 15 mars 2025

Ended

Riet Steel

Director · since 15 mars 2021 · until 24 mars 2022

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Dissolution17/07/2025
Ontbinding Demos vzw
PDF
Other26/08/2024
Wijziging statuten
PDF
Mandates19/06/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/05/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/06/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/02/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/03/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/08/2019
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2024
Annual accounts 2024-105,9 k €↓
2023
Annual accounts 202330,6 k €↓
2022
Annual accounts 202249,7 k €↑
2021
Annual accounts 2021-23,9 k €↓
2020
Annual accounts 202053,8 k €↑
2019
Annual accounts 201942,2 k €↓
2018
Annual accounts 201895,2 k €↓
2017
Annual accounts 2017130,1 k €↑
2016
Annual accounts 201619,8 k €↑
2015
Annual accounts 2015-12,9 k €↓
2014
Annual accounts 201455,5 k €↑
2013
Annual accounts 201323,9 k €↑
2012
Annual accounts 2012-12,7 k €↑
2011
Annual accounts 2011-47,9 k €↓
2010
Annual accounts 2010-10,8 k €↓
2009
Annual accounts 2009107 k €

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

DEMOS

Overview

What does DEMOS do?

Trend over 16 financial years

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline